I no longer see the DOW as tied to the well-being of America’s economy; with today’s gloablization, a rising DOW is simply indicative of a rise in Red China and India. The average American has no direct link to many of our indices anymore; the most critical ones that still have relevance are unemployment and inflation (the real inflation, not the BS peddled to the public to suppress cost-of-living adjustments for retirees).

Why are the “cost-of-living” adjustments so low for retirees but so high for public school teachers when it is time to review annual increases?